Understanding Solar Panel Prices: What You Need to Know

Harnessing the power of the sun is fast becoming the preferred method for powering homes and businesses and with good reason. Solar installations are sustainable and cost-effective, especially considering the ever-increasing monthly electricity tariffs. As more and more people switch to solar, understanding what affects a solar panel price becomes essential for property owners and renters alike. In this guide, Wetility explores the key factors that come into play when determining the cost of these renewable energy systems and how our innovative solutions raise the bar on affordable solar power.

How a Solar Panel Price Can Ultimately Power Up Your Savings 

The quality of solar panels can vary depending on their building blocks, smart designs, and how they are put together. At Wetility, we understand that the upfront costs of a solar installation may affect your decision to make the move to adopt alternative energy. However, when factoring in the long-term savings and being less dependent on the municipal supply, switching to solar just makes sense.    

1.      Solar panel type for efficiency

Contrary to popular belief, the efficiency and output of solar panels are determined by the panels’ ability to convert sunlight into electricity, not the cost thereof. At Wetility, we have found that photovoltaic (PV) panels are the better and more affordable option as they can absorb maximum sunlight and convert it into useable, clean energy to power your home or business efficiently.  

2.      Electrical power needed

Larger panels produce a higher wattage, but the size and wattage of solar panels can impact the price. We would suggest that you consider your specific energy requirements before committing to a costly investment you may regret. As we don’t know how much power you need, we consider your current monthly electricity spend. Armed with this information, we can offer you a Beast Bundle with the ideal amount of wattage for your needs.

3.      Cost of installation

Installation costs alone can push up a solar panel price. Remember, investing in an entire solar system will increase your costs exponentially, especially if you require add-ons such as inverters and batteries. The good news is that at Wetility we won’t add to your increasing financial burden as our packages include professional installation and the extras needed so that you can live life, and conduct business, at your PACE.

4.      Positioning

As solar panels are relied upon to harness the sun, locations that are prone to more sunlight tend to need fewer panels to meet energy needs, while others may need more. With a properly designed system by our expert team, the number of panels you select will be expertly mounted and positioned to take full advantage of the sun’s energy.

 

The days of access to solar installations being limited to property owners alone are a thing of the past. Whether you own or rent, you can enjoy the benefits of Wetility’s alternative energy solutions.

Start Experiencing the Power of the Sun

Wetility is passionate about harnessing the power of the sun with a purpose and we have achieved this through our hybrid solutions that integrate with your existing power infrastructure, allowing for a smooth transition between traditional and renewable energy sources. Our solar panel price includes every component needed so that you will never be left in the dark again. All you have to do is select the Beast Bundle that best suits your power needs and budget, then contact us.